Sociedad Quimica Y Minera shares are trading higher after Citigroup initiated coverage on the stock with a Buy rating and $85 price target.
Portfolio Pulse from Benzinga Newsdesk
Citigroup has initiated coverage on Sociedad Quimica Y Minera (SQM) with a Buy rating and a price target of $85. This has led to an increase in SQM's share price.
September 13, 2023 | 2:17 pm
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Citigroup's Buy rating and $85 price target for SQM has led to a rise in the company's share price.
The Buy rating and $85 price target set by Citigroup indicates a positive outlook for SQM. This has led to increased investor confidence, resulting in a rise in SQM's share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100